Tesla announces plan to sell up to USD 5 billion in new stock shares

On September 1, the day after its 5-for-1 stock split took effect, Tesla announced plans to sell up to USD 5 billion worth of common shares.
In a filing with securities regulators, Tesla said that it intends to sell up to 10.03 million shares and use the proceeds for unspecified general corporate purposes.
The sales ....

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